Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How many dealerships is GM closing as part of their bankruptcy restructure process?

April 26, 2017Bankruptcy closing dealerships GM process restructure

0

Posted

How many dealerships is GM closing as part of their bankruptcy restructure process?

1 Answer

0

Posted

According to Left Lane News, “In a bid to make the company more financially viable, GM has announced a plan to cut 400 dealers per year until 2012.” The company “hasn’t set specific elimination criteria yet, but the automaker will base its decision on the age of the dealership, location, volume, and customer satisfaction.” In the United States, GM has currently has 6375 dealerships. Sources: http://usnews.rankingsandreviews.